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Transcripts For FOXNEWS Special Report With Bret Baier 20240707

the homeowner s policy will cover somebody things but the flood policy covers probably the most significant risk for most homeowners in florida given the risk of flooding we have in our state. we are sensitive to that obviously going to be some folks that are in need of support and relief we will work as best we can i will say people have been asking about some of the overall homeowner s insurance with like citizens. citizens, i think right now they are between 6 and 700 billion of surplus. modeling in terms of paying out a lot of money in claims still have 4 and 5 billion in surplus. they view themselves as being able to weather this. individual carriers they have to go through a stress test to have policies approved. this year they had tested under a direct impact on tampa bay and what would happen they have policy and reinsurance and wrap program and cap fund. citizens feel strongly they will be able to handle this and still have pretty significant reserves. okay. thanks s

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:28:00

tallahassee. good evening, mitty. good evening, bret. well, it s kind of a waiting game here in tallahassee where currently at the emergency operation center because this is the center for staging all of those critical resources that will eventually deploy i can tell you things have been intense as hurricane ian slams the southwest portion of florida. now, governor desantis is making his rounds across the state to give updates on the state s recovery and rescue plans. we have almost 250 aircraft, more than 1600 high water vehicles and more than 300 boats of all drafts and sizes including # 50 already stationed in the major impacted areas. and nearly 50 that are staged and immediately ready to come in. so, with water this high, you know, these operations may need

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:01:00

the homeowner s policy will cover somebody things but the flood policy covers probably the most significant risk for most homeowners in florida given the risk of flooding we have in our state. we are sensitive to that obviously going to be some folks that are in need of support and relief we will work as best we can i will say people have been asking about some of the overall homeowner s insurance with like citizens. citizens, i think right now they are between 6 and 700 billion of surplus. modeling in terms of paying out a lot of money in claims still have 4 and 5 billion in surplus. they view themselves as being able to weather this. individual carriers they have to go through a stress test to have policies approved. this year they had tested under a direct impact on tampa bay and what would happen they have

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:47:00

that are risking their lives trying to provide gasoline ahead of this storm, we saw huge surges of demand. you know, people, you know, gas stations running out of gas as people tried to get gas before the storms. and when you start making threats against them, you know, these political heavyweights saying you better not gowrges you know, people are going to be afraid to reopen their gasoline stations because they may have to charge a higher privacy at some point and it would really restrict supply and make things worse. bret: meantime, you do have some production that gets shut down because of the hurricane, oil price.com says 11% oil and gas operators have evacuated 12 mat forms on the gulf of mexico, around 11% or 190,000 barrels per day of current oil production. so, i mean, that s not nothing. no, it isn t nothing. i will tell you this, it could have been a lot worse. and the biden administration is very lucky from an oil price

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:56:00

truck. this is a storm surge that we talked about but we weren t sure about. bret: sure about it now. that s video from the naples fire department dealing with that storm surge. joining us by phone, the person you saw in that video, tarren with naples fire and rescue. tarren, thanks joining us. this video is really unbelievable. you said you were kind of seeing that it was coming but weren t sure that it was going to develop but, boy, it seems like it s all over the place there. that s correct. i also have with me our deputy chief dan and maria that s willing to speak with you on this as well. bret: great, how are things looking in naples? go ahead. formall form furniturely fos

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